Barton R. Brookman Jr - Mar 3, 2022 Form 4 Insider Report for PDC ENERGY, INC. (PDCE)

Signature
/s/ Nicole L. Martinet, by power of attorney
Stock symbol
PDCE
Transactions as of
Mar 3, 2022
Transactions value $
-$265,985
Form type
4
Date filed
3/7/2022, 07:03 PM
Previous filing
Mar 2, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCE Common Stock Options Exercise $156K +4.21K +1.05% $37.18 405K Mar 3, 2022 Direct
transaction PDCE Common Stock Options Exercise $156K +4.21K +1.04% $37.18 410K Mar 3, 2022 Direct
transaction PDCE Common Stock Options Exercise $156K +4.21K +1.03% $37.18 414K Mar 3, 2022 Direct
transaction PDCE Common Stock Options Exercise $228K +4.6K +1.11% $49.57 418K Mar 3, 2022 Direct
transaction PDCE Common Stock Options Exercise $228K +4.6K +1.1% $49.57 423K Mar 3, 2022 Direct
transaction PDCE Common Stock Options Exercise $228K +4.6K +1.09% $49.57 428K Mar 3, 2022 Direct
transaction PDCE Common Stock Tax liability -$1.15M -17.3K -4.05% $66.59 410K Mar 3, 2022 Direct F1
transaction PDCE Common Stock Tax liability -$266K -3.99K -0.97% $66.59 406K Mar 3, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PDCE Stock Appreciation Rights Options Exercise $0 -4.21K -100% $0.00* 0 Mar 3, 2022 Common Stock 4.21K $37.18 Direct
transaction PDCE Stock Appreciation Rights Options Exercise $0 -4.21K -100% $0.00* 0 Mar 3, 2022 Common Stock 4.21K $37.18 Direct
transaction PDCE Stock Appreciation Rights Options Exercise $0 -4.21K -100% $0.00* 0 Mar 3, 2022 Common Stock 4.21K $37.18 Direct
transaction PDCE Stock Appreciation Rights Options Exercise $0 -4.6K -100% $0.00* 0 Mar 3, 2022 Common Stock 4.6K $49.57 Direct
transaction PDCE Stock Appreciation Rights Options Exercise $0 -4.6K -100% $0.00* 0 Mar 3, 2022 Common Stock 4.6K $49.57 Direct
transaction PDCE Stock Appreciation Rights Options Exercise $0 -4.6K -100% $0.00* 0 Mar 3, 2022 Common Stock 4.6K $49.57 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 17,313 shares representing the deemed exercise prices for both the 2013 and 2014 Stock Appreciation Rights awards.
F2 Includes 3,993 shares surrendered to issuer to cover tax withholding obligations of the reporting person for both the 2013 and 2014 Stock Appreciation Rights awards.